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Category: DigitalTransformationTrends

DigitalTransformationTrends

  • YouTube TV Reaches Deal to Keep All NBCUniversal Channels

    YouTube TV Reaches Deal to Keep All NBCUniversal Channels

    YouTube TV and NBCUniversal have reached a deal for YouTube TV to continue carrying NBCUniversal’s (NBCU) channels.

    YouTube TV warned last week that it was on the verge of losing NBCU’s portfolio of channels over a contract dispute, with the deadline set for September 30. In the eleventh hour, the two companies announced an extension, keeping the channels on YouTube TV while negotiations continued.

    It appears the two companies have reached a long-term agreement, ensuring YouTube TV customers won’t lose access to NBCU’s content. The YouTube team made the announcement in a blog post:

    We’re thrilled to share that we’ve reached a deal to continue carrying the full NBCUniversal portfolio of channels. That means you won’t lose access to any of their channels, and YouTube TV will continue to offer 85+ networks for $64.99. We appreciate NBCUniversal’s willingness to work toward an agreement, and we also appreciate your patience as we negotiated with them on your behalf.

  • Carriers Must Block Other Carriers Not Listed in FCC Robocall Mitigation Database

    Carriers Must Block Other Carriers Not Listed in FCC Robocall Mitigation Database

    The Federal Communications Commission (FCC) is now requiring phone carriers to block other carriers that have not implemented anti-robocall features.

    The FCC has been cracking down on robocalls, requiring carriers to implement the STIR/SHAKEN protocol. STIR/SHAKEN is a way for carriers to verify the authenticity of a call, pass that check on to the next carrier for further verification, and then confirming to the recipient that the call is verified or possibly spam.

    The FCC previously set September 28 as the deadline for carriers to have the mitigation efforts in place. Now that the deadline has arrived, carriers will be required block those carriers that have failed to meet the FCC’s deadline.

    “The FCC is using every tool we can to combat malicious robocalls and spoofing – from substantial fines on bad actors to policy changes to technical innovations like STIR/SHAKEN,” said Acting Chairwoman Rosenworcel. “Today’s deadline establishes a very powerful tool for blocking unlawful robocalls. We will continue to do everything in our power to protect consumers against scammers who flood our homes and businesses with spoofed robocalls.”

  • Netflix Buys Night School Studio, Creator of Oxenfree

    Netflix Buys Night School Studio, Creator of Oxenfree

    Netflix has purchased Night School Studio, its first game studio, as the company expands from streaming into gaming.

    Netflix has been making a move into gaming, hiring former Electronic Arts executive Mike Verdu to head up its efforts. The company later confirmed its plans to offer games to its subscribers at no extra cost and ad-free.

    Night School Studio is the maker of the critically acclaimed Oxenfree. Significantly, the purchase would seem to indicate Netflix’s efforts will not be restricted to mobile games, given that Oxenfree is a cross-platform game.

    Verdu made the announcement in a blog post.

    Founded by Sean Krankel and Adam Hines in 2014, Night School Studio is best known for their critically acclaimed debut game, OXENFREE. We’re inspired by their bold mission to set a new bar for storytelling in games. Their commitment to artistic excellence and proven track record make them invaluable partners as we build out the creative capabilities and library of Netflix games together.

    We’ll continue working with developers around the world and hiring the best talent in the industry to deliver a great collection of exclusive games designed for every kind of gamer and any level of play. Like our shows and films, these games will all be included as part of your Netflix membership — all with no ads and no in-app purchases. Stay tuned for more.

    The purchase price was not disclosed.

  • Google Meet Testing Live Translated Captions

    Google Meet Testing Live Translated Captions

    Google is testing live translated captions in Google Meet, making the feature available in beta.

    Google Meet is the company’s video conferencing software, replacing the defunct Google Hangouts. As remote work has become the norm, video communication has become pivotal to everyday business.

    The company is now testing the ability to provide live translation captions, with initial support for English meetings translated to Spanish, French, Portuguese and German.

    Google sees the feature as an important step in improving inclusivity and making sure all parties are on equal terms within a meeting.

    Translated captions helps Google Meet video calls to be more global, inclusive and effective by removing language ability as a barrier to collaboration. By helping users consume the content in a preferred language, you can help equalize information sharing, learning, and collaboration, and make sure your meetings are as effective as possible.

    Those interested in trying the feature can apply to be part of the beta here.

  • Oracle Scores Deal to Help Telefónica Spain Migrate to the Cloud

    Oracle Scores Deal to Help Telefónica Spain Migrate to the Cloud

    Oracle has scored a big win, signing a multi-year deal with Telefónica Spain to help it accelerate its cloud adoption.

    Oracle has been focusing its efforts on its cloud business, working to gain share in a market dominated by AWS, Microsoft and Google. The company has some advantages working in its favor, including its ability to offer a full end-to-end solution.

    The company has secured a multi-year contract with Telefónica Spain that will see the latter migrate to Oracle Exadata Cloud@Customer, an on-premise solution. Using an on-premise solution ensures compliance with the EU’s data laws.

    “Digitalization and connectivity are reconfiguring the way we work and live, and Telefónica is transforming its business to support our customers in this new world. As we take advantage of these new opportunities, we need to consolidate and simplify our technological infrastructure to make ourselves more agile and adaptable, and this is where our collaboration with Oracle comes in,” says Fidel Jesús Fernández, director of Technologies and TI Transformation at Telefónica Spain. “Oracle Cloud@Customer gives us the flexibility we need to build a robust and scalable cloud platform in our own data centers, which is scalable and elastic to meet the changing needs of our business.”

    “Telecommunications companies are having to reinvent their business models as they navigate changing customer expectations, capture new markets and become both service providers and enablers. Telefónica is one of the companies that is at the forefront of this change, and we are delighted to provide the power and flexibility of Oracle Cloud@Customer to support Telefónica de España and its partners in providing the next generation of digital services to consumers and companies, “says Enrique Diaz Galán, KAD for Telefónica at Oracle.

  • YouTube CEO Promotes Free Speech After Removing Russian App

    YouTube CEO Promotes Free Speech After Removing Russian App

    YouTube CEO Susan Wojcicki promoted the company’s support of free speech in Russia — after the company removed a free speech app in Russia.

    Google and Apple found themselves in a firestorm of controversy after removing Putin opposition leader Alexei Navalny’s “Smart Voting” app. Privacy critics, free speech proponents and politicians condemned the companies’ actions.

    Wojcicki is hitting back, saying free speech in Russia is still part of the company’s core values.

    “But when we work with governments, there are many things that we have to take in consideration, whether it’s local laws or what’s happening on the ground,” Wojcicki told Bloomberg Television. “So there’s always going to be multiple considerations.”

    Interestingly, despite Google at one time being willing to pull out of China over censorship concerns, the company doesn’t see that happening in Russia — at least not now.

    “I think we really want to make sure that we’re working and serving audiences as much as we possibly can,” Wojcicki continued. “And if it comes to a point where there’s an issue with the government, we’ll do our best always to work that out.”

  • EU and US Set to Join Forces Tackling Big Tech

    EU and US Set to Join Forces Tackling Big Tech

    The EU and US are prepared to join forces in an effort to tackle Big Tech’s influence.

    According to a memo seen by Reuters, the U.S.-EU Trade & Technology Council will announce plans to tackle Big Tech in a meeting on September 29 in Pittsburgh. Big Tech’s power and influence has been a growing concern on both sides of the Atlantic, but any regulation must be universal to have the biggest impact.

    The U.S.-EU Trade & Technology Council plans on announcing a number of initiatives, including on climate change, supply chains and trade. The fact that Big Tech is lumped in with those topics is indicative of how important the issue is for many regulators.

  • 3 Key Elements of Digital Experience to Revisit Continually

    3 Key Elements of Digital Experience to Revisit Continually

    This isn’t news to anyone: Internet presence holds a whole lot of power. With an unfathomable amount of consumers connected in some way or another to online marketplaces and overly influential social media, building the right image on such platforms feels like conquering the new frontier.

    And in some ways, it is. Digital marketing requires a complete transformation of traditional methods. While this seems like a daunting task to the less tech-savvy, solidifying a customer base in this new format means reaching a much larger audience as consumer behavior shifts to increased eCommerce activity.

    Of course, you can’t expect to effectively utilize this reigning domain without some idea as to what you want from it. First, you need to nail down some business goals.

    Consider how to align business and marketing goals

    The more specific you are in goal setting, the more likely you are to generate measurable goals and actionable ways to achieve them. Goal-setting this way also incorporates practicality into the vision you have. It encourages you to take a hard look at where your business is and where it feasibly can be within a certain period of time.

    But don’t let yourself get bogged down in the minutiae and lose sight of the bigger picture. Dreaming big is absolutely vital when considering the ways you’d like to expand your business. It just requires a more detailed, well-defined plan.

    While aligning your marketing goals with your business goals is a step in the right direction, they are not necessarily the same thing. Think of your marketing approach as an incredibly handy tool to help you achieve an overarching business goal.

    Let’s say you set a specific goal of increasing revenue by 20% from last year’s sales. Not only is this a quantifiable amount to work toward, but it provides a new angle for the marketing mind. It poses the following question: how can the changes we make to our marketing strategies fill a gap of 20% in revenue?

    If you’re having trouble identifying actionable marketing goals based on how you’d like to grow your business, you can start with these common marketing objectives:

    ●               Boost sales with new customers

    ●               Increase brand awareness

    ●               Expand market share

    ●               Develop and launch a new product or service

    ●               Improve the customer experience and relations

    ●               Boost profit margins

    Fine tune these into your own measurable goals.

    Track What’s Working

    As with any experiment, tracking performance is a must. If progress remains stagnant after identifying specific goals and applying new strategies, it may be time to move onto the next course of action. While there are countless marketing tools to help you take strides in business growth, there are a few areas to take note of when it comes to digital marketing.

    Customer Journeys

    Simply put, a customer journey traces every interaction a user has with your company from engagement to purchase to post-purchase; so yes, first impressions do matter.

    Insight into customer journeys provides some important information in describing how your business is perceived from a customer’s point of view.

    Customer journey maps are an excellent visual tool to do just that. After you identify your target audience, you can start building personas to cater to.

    Interviewing members of your target demographics can play an important role in confirming customer motivations, goals, purchasing habits, and many other considerations when it comes to consumerism. Marketers can put themselves into their customers’ shoes by defining behavioral stages based on a rough customer journey map

    For example, a wealth management firm can break down a client’s journey into the following stages:

    1. Research
    2. Evaluate/Compare
    3. Commit
    4. Use and Monitor
    5. Refine and Review

    A potential customer may begin by identifying what kind of service would best suit their needs and weighing their options with competing companies. After choosing one, the customer will likely monitor the growth of their investment account and determine if their needs are met, adjusting their approach if necessary.

    In order to attract a loyal customer base, it’s vital that companies identify the specific needs and goals of their target demographics. This will help finetune their marketing strategies to secure sales and maintain brand relationships.

    While this becomes a lot more complicated in digital formats, it allows more room for a marketer to strategically organize content to align with specific stages in the customer experience. The customer journey is not so much of a city street where your customers move directly from point A to point B. It’s more of a cross-country road trip with rest stops, potholes, missed exits and maybe even a breakdown along the way.

    Product consideration, including product comparison, reviews, and purchase justification, can easily be drawn out simply based on the price of a product. When a customer takes a longer route to the sales conversion, look for steps to remove. It’s important we make the journey as effortless as we can.

    Clickstream Path

    In regard to a customer’s clickstream path, good digital marketing means repaving the pothole-filled road and giving even the most complicated path a clear destination.

    This virtual trail is the best indicator of the complexities of a customer’s journey. In fact, clickstream data goes beyond the simple act of recording clicks, navigation points, and other user engagement to analyze their needs, motives, and interests. Ultimately, businesses can use this information to better their e-commerce marketing results.

    Clickstream analytics tells us where our website is nudging potential customers. While it’s important to take note of which web pages are highly frequented, the data that is most valuable to digital marketers is in what order they’re visited.

    Ideally, your website should make the conversion path obvious. Depending on where the users are in the customer journey, they might not purchase if options are presented immediately. However, the chances grow after they see useful information they need beforehand.

    Cleaning up this virtual path to funnel your customers to a point of purchase quicker is what will actually secure your sale.

    Information Architecture

    Ensuring positive consumer experiences is heavily influenced by your site’s information architecture. This is the process of designing your site’s structure for ease of navigation and readability, with great consideration of aesthetics. After all, website structure is a hugely important factor in determining how people find, understand, and interact with content.

    Information architecture is categorized into four major components:

    ●      Organization schemes and structures: how information is structured and categorized

    ●      Labeling systems: how information is represented and defined

    ●      Navigation systems: how users browse and navigate through information

    ●      Search systems: how users look for and find information

    One of the greatest examples of useful information architecture can be found on CNN.com. The news platform highlights the newest, most relevant news as the first thing you see, while also categorizing a series of content blocks for users to search for stories based on a specific topic (e.g. business, entertainment, tech).

    Despite the amount of content being promoted on CNN’s home screen alone, it is displayed in a clean and logical way. Of course, this is an important digital marketing rule to follow for any kind of website.

    Take a moment to consider your own user experiences online. If you’re perusing an online store but spending more time trying to figure out the website as opposed to actually considering the product, what are the chances you’ll opt for the next relevant site on the Google search page?

    Know the Importance of Customer Perspective

    In essence, the customer experience comes down to convenience. The Internet, though seeming more like a necessity day by day, is a commodity largely based around providing information with ease and speed.

    In a digital age, format, accessibility, and presentation mean more and more. These simple, intertwined changes to marketing strategies can make all the difference to a consumer experiencing your brand online in a whole new way–so much that they are compelled to commit to purchase. You can take steps significantly influence the conversion or purchase process.

  • Salesforce Economy to Create 9.3 Million Jobs, $1.6 Trillion in Revenue by 2026

    Salesforce Economy to Create 9.3 Million Jobs, $1.6 Trillion in Revenue by 2026

    A new report is demonstrating the breadth of the current digital transformation, claiming the Salesforce economy will create 9.3 million jobs and $1.6 trillion in revenue in the next five years.

    Salesforce is the leading CRM provider in the world, and recently acquired Slack, one of the leading corporate messaging platforms. Salesforce has gone all-in on the hybrid/remote workplace, and aims to be the “digital HQ” for its customers. CEO Marc Benioff is a firm believer that employees “can be successful from anywhere,” and Salesforce is aggressively positioning itself as the company that can make that happen.

    A new study by IDC, shows Salesforce is doing something right, as the company and its ecosystem partners “will create 9.3 million new jobs and $1.6 trillion in new business revenues worldwide by 2026.” Equally impressive, for every $1 Salesforce makes, its partner ecosystem will make $6.19.

    The company attributed its “digital HQ” strategy as a key to IDC’s findings. IDC predicts that cloud-related tech will make up 27% of digital transformation IT spending in 2022, and grow to 37% in 2026. This trend is being driven by the remote work transition initially sparked by the COVID-19 pandemic, and Salesforce is helping its customers make that transition smoother.

    In fact, IDC found that Salesforce solutions had helped 47% of customer respondents expand their workforce to include more suburban and rural areas. In addition, 38% were able to expand their workforce into new demographics, such as stay-at-home parents who would otherwise not be able join the workforce, and 36% are able to support more flexible work environments.

    “The Salesforce partner ecosystem extends the power of Salesforce to companies of all sizes, across industries and helps make customer success possible,” said Tyler Prince, EVP, Alliances & Channels, Salesforce. “As Salesforce grows, so do our partners — and we are committed to providing our expanding partner ecosystem with the tools needed to succeed in the jobs of the future.”

  • TSMC Will Be Carbon Neutral By 2050

    TSMC Will Be Carbon Neutral By 2050

    TSMC has announced it plans to be carbon neutral by 2050, a major achievement for the world’s largest chip foundry.

    Computers, cellphones and tablets are part of daily life for most people, yet few think about the amount of energy that goes into making the semiconductors that run popular electronics. TSMC, as the world’s largest chip foundry, produces an astonishing 15 million tons of carbon pollution, according to Ars Technica. That figure puts it well beyond the output of many countries.

    TSMC is determined to do something about it, vowing to be carbon neutral by 2050. In the short term, the company plans to flatten its emissions growth by 2025.

    “TSMC is deeply aware that climate change has a severe impact on the environment and humanity. As a world-leading semiconductor company, TSMC must shoulder its corporate responsibility to face the challenge of climate change,” Chairman Mark Liu said in a statement, according to Ars.

  • Facebook Building Yellow Pages Into WhatsApp, Launching in Brazil

    Facebook Building Yellow Pages Into WhatsApp, Launching in Brazil

    Facebook announced it is building a Yellow Pages feature into WhatsApp, allowing users to look up local business information.

    Once a staple of everyday life, the Yellow Pages directory have fallen out of favor, replaced by digital alternatives. In Facebook’s quest to monetize WhatsApp, and make it a critical business tool, the company is looking to provide a digital Yellow Pages feature that will help users find local business information.

    CEO Mark Zuckerberg announced the feature in a Facebook post:

    We’re building a modern-day Yellow Pages into WhatsApp where you can look up and contact local businesses right inside the app. Launching in São Paulo today, and hopefully more places soon.

  • Demise of Adobe Flash Has Led to Loss of Important 9/11 Coverage

    Demise of Adobe Flash Has Led to Loss of Important 9/11 Coverage

    Important news coverage of 9/11 has been lost as a result of Adobe Flash being discontinued.

    Adobe Flash reigned supreme for years, the preferred way of presenting videos on the internet. Ultimately, a seemingly endless array of security issues, combined with resource-intensive performance, led Apple to stop including the Flash Player with new Macs. Other companies soon followed suit, spelling the demise of the product and the format it spawned.

    A further nail in the coffin was the rise of standards compliant alternatives, such as HTML5, that addressed many of Flash’s shortcomings.

    Unfortunately, much of the video coverage of 9/11 was uploaded to the internet using Flash, meaning it is no longer accessible, according to CNN Business

    “This is really about the problem of what I call the boneyard of the internet. Everything that’s not a piece of text or a flat picture is basically destined to rot and die when new methods of delivering the content replace it,” Dan Pacheco, professor of practice and chair of journalism innovation at Syracuse University’s Newhouse School, told CNN Business. “I just feel like the internet is rotting at an even faster pace, ironically, because of innovation. It shouldn’t.”

    While the death of Flash was a welcome improvement to the Internet, it illustrates the challenges and importance of finding a way to archive important content when older technologies and formats fade away.

  • WWW Inventor Sir Tim Berners-Lee Joins ProtonMail Advisory Board

    WWW Inventor Sir Tim Berners-Lee Joins ProtonMail Advisory Board

    Sir Tim Berners-Lee, known for inventing the World Wide Web and the first web browser, has joined ProtonMail’s advisory board.

    ProtonMail, despite recent controversy, is one of the most private and secure email platforms available, featuring full end-to-end encryption. While Sir Tim Berners-Lee may be best known for inventing the web, in recent years he’s become a staunch privacy advocate, making him a natural fit for ProtonMail.

    The company made the announcement on their blog:

    We are proud and humbled to announce that Sir Tim Berners-Lee, a fellow former scientist from the European Organization for Nuclear Research (CERN) and the inventor of the World Wide Web, will be joining Proton’s advisory board.

    Our vision is to build an internet where privacy is the default by creating an ecosystem of services accessible to everyone, everywhere, every day. It is what drives everything we do, from our development of transparent and encrypted services to our advocacy for better data protection laws.

    “I’m delighted to join Proton’s advisory board and support Proton on their journey. I am a firm supporter of privacy, and Proton’s values to give people control of their data are closely aligned to my vision of the web at its full potential,” said Sir Tim.

  • Microsoft: ‘The Digital Employee Experience IS The Employee Experience’

    Microsoft: ‘The Digital Employee Experience IS The Employee Experience’

    Microsoft has shared a number of insights about how remote work has become the “new normal,” and updated several apps to reflect that.

    Like many companies, Microsoft was working to bring employees back into the office starting in October. With the surge in Delta cases, however, the company is not only pushing back its return to the office date, but is no longer projecting a new target. Instead, according to Jared Spataro, Corporate Vice President for Modern Work, the company recognizes “our ability to come together will ebb and flow,” and will simply base its decisions on public health guidance moving forward.

    The company also reveals that, while its research shows that most employees crave in-person time at work, many still want to maintain the flexibility of remote work. There are also disparities between the amount of time managers and employees want to be in the office. Microsoft CEO Satya Nadella refers to these complexities as the Hybrid Work Paradox.

    Despite any challenges, however, Spataro says “going forward, the digital employee experience is the employee experience.” The company is rolling out updates to multiples apps and services to better reflect that reality.

    Microsoft Teams will receive AI-enabled cameras, active speaker tracking and people recognition. Outlook will gain a new Outlook RSVP feature so individuals can specific whether they will attend in-person or digitally, as well as redesigned Working hours to better accommodate and notify others of flexible work schedules. The company will also make the Microsoft Viva Connections mobile app available as a public preview later this month.

    It’s clear Microsoft is all-in on hybrid remote, accepting it as the new reality and determined “to take a learn-it-all approach, and lead with data rather than dogma.”

  • Twitter Buying Scroll to Serve as Foundation for Subscription Service

    Twitter Buying Scroll to Serve as Foundation for Subscription Service

    Twitter has announced it is buying Scroll as it looks to establish a subscription service for premium content.

    Twitter has been looking for ways to diversify its services and new ways to monetize its user base. Despite being one of the oldest social media platforms, Twitter has been surpassed in many ways by newer, upstart platforms.

    The company is purchasing Scroll in an effort to introduce paid subscription services, free of ads. Twitter VP Mike Park announced the company’s plans on the company’s blog:

    That’s why we’re excited to announce that Twitter is acquiring Scroll. Scroll has built a way to read articles without the ads, pop-ups, and other clutter that get in the way, cleaning up the reading experience and giving people what they want: just the content. Meanwhile, publishers who work with Scroll can bring in more revenue than they would from traditional ads on a page. It’s a better Internet for readers and for writers.

    Twitter also hopes integrating Scroll will help it to assist the journalism industry, one that has experienced major setbacks as a result fo the digital transformation.

    Those who create and consume news know that reading – and more broadly, journalism – deserve a better future. Scroll will help us build that future, solving one of the most frustrating parts about reading content online. We want to reimagine what they’ve built to deliver a seamless reading experience to our hyper-engaged audiences and allow publishers to deliver cleaner content that can make them more money than today’s business models.

    To do this, we plan to include Scroll as part of an upcoming subscription offering we’re currently exploring. As a Twitter subscriber, picture getting access to premium features where you can easily read articles from your favorite news outlet or a writer’s newsletter from Revue, with a portion of your subscription going to the publishers and writers creating the content.

    Park said Scroll will pause new sign-ups while the service is integrated with Twitter. After the integration, Twitter will work on growing Scroll’s subscriber base.

  • FCC Investigating If Tenants Are Paying Too Much for Broadband

    FCC Investigating If Tenants Are Paying Too Much for Broadband

    The Federal Communications Commission is investigating if apartment and office tenants are paying too much for broadband.

    With a large portion of the US population living in Multiple Tenant Environment (MTE) buildings, there’s an increased risk of diminished competition. In many cases, MTE owners work out a profit-sharing agreement with a service provider, potentially limiting the choice for any of the building’s tenants. Similarly, some MTE owners have exclusive wiring arrangements, or exclusive marketing arrangements.

    These factors may lead to tenants paying more, or having subpar service, compared to what is generally available in their market.

    “Across the country throughout the pandemic, the need for more and better broadband access has never been clearer,” said Acting Chairwoman Jessica Rosenworcel. “With more than one-third of the U.S. population living in condos and apartment buildings, it’s time to take a fresh look at how exclusive agreements between carriers and building owners could lock out broadband competition and consumer choice.  I look forward to reviewing the record.”

    The FCC “is inviting a new round of comments in a proceeding” to better understand the scope of the problem, and what measures may need to be taken.

  • TSMC Set to Raise Prices

    TSMC Set to Raise Prices

    TSMC is preparing to raise prices on its chip production, a move that will have a global impact on the price of electronics.

    TSMC is already the world’s most important semiconductor manufacturer. The company builds chips for Apple, Intel, Samsung, Qualcomm, Nvidia and others. As a result of its size and economy of scale, the company has been slower than its smaller rivals to raise prices, but that appears to be changing.

    According to Nikkei Asia, TSMC is preparing its biggest price hike in a decade, driven largely by the company’s commitment to increased investment over the coming years. TSMC has previously promised to spend $100 billion over the next three years, and is looking to pass some of that expense on to its clients.

    According to Nikkei, response to TSMC’s decision has been mixed.

    “We are glad that TSMC eventually adjusted prices so that it could fend off the practice of double-booking, when industry players race to secure enough chip production capacity during a shortage,” K.S. Pua, chairman and CEO of Phison Electronics, told Nikkei.

    “We are still short of supplies and want more chip capacity to support our growth for the second half of 2021,” Pua said.

    Others were less enthusiastic.

    “We are all in a great shock and all of our account managers need to speak to our customers to see if we can renegotiate some of the contracts,” another chip executive told Nikkei. “We haven’t seen TSMC introduce such a broad rate increase in over a decade.”

    Either way, it’s a safe bet that some of the most popular phones, tablets and computers may be at least a little more expensive over the next couple of years.

  • Apple Delays CSAM Scanning Amid Backlash

    Apple Delays CSAM Scanning Amid Backlash

    Apple has announced it is delaying its plans to implement CSAM (Child Sexual Abuse Material) scanning amid backlash from all sides.

    Apple previously announced plans to implement CSAM scanning in the next versions of iOS, iPadOS and macOS. While many companies, including Microsoft, Google, Dropbox and Facebook, all scan their servers for CSAM, Apple’s solution was unique in that part of the process would take place on-device.

    The backlash was immediate and severe, leading Apple to try to explain how the system worked. Ultimately, it has not been successful assuaging people’s concerns and is now delaying the feature, according to a statement on its website.

    Update as of September 3, 2021: Previously we announced plans for features intended to help protect children from predators who use communication tools to recruit and exploit them and to help limit the spread of Child Sexual Abuse Material. Based on feedback from customers, advocacy groups, researchers, and others, we have decided to take additional time over the coming months to collect input and make improvements before releasing these critically important child safety features.

    Unfortunately, Apple’s statement is small comfort, as many have pointed out that any attempt to continue with the original goal is extremely dangerous. In our upcoming multi-part breakdown of Apple’s plans, we’ll explain why.

  • From the Ashes: Yahoo Is Back!

    From the Ashes: Yahoo Is Back!

    One of the oldest internet companies is once again under its own name, as Yahoo is no longer part of Verizon.

    In May, Verizon announced it was selling Verizon Media to Apollo Funds. Verizon Media included the Yahoo and AOL brands, and was part of Verizon’s attempt to take on Google and Facebook in the advertising market.

    The acquisition is now complete, and Yahoo is once again operating as a standalone company under its own name.

    “We look forward to partnering with Yahoo’s talented employee base to build on the company’s strong momentum and position the new Yahoo for long-term success as a standalone consumer internet and digital media leader,” said Reed Rayman, Partner at Apollo. “We couldn’t be more excited about this next chapter for Yahoo as we look to invest in growth across the business, including accelerating its customer-first offerings and commerce capabilities, expanding its reach and enhancing the daily user experience.”

    “This is a new era for Yahoo,” said Guru Gowrappan, CEO, Yahoo. “The close of the deal heralds an exciting time of renewed opportunity for us as a standalone entity. We anticipate that the coming months and years will bring fresh growth and innovation for Yahoo as a business and a brand, and we look forward to creating that future with our new partners.”

    With some 900 million monthly active users, Yahoo has significant potential to be a profitable company for Apollo Funds.

  • Court Ruling Spells the End of Locast

    Court Ruling Spells the End of Locast

    Lowcast has informed subscribers it will be ending its service following an unfavorable court ruling.

    Locast takes free, over-the-air local channel broadcasts and streams them over the internet. The solution was popular in many areas, with the company covering 55% of the US population, or more than 179 million people. Streaming service Sling even partnered with Locast to offer subscribers access to local channels, a traditionally weak point for Sling.

    While other companies have been shut down for charging a fee for similar services, Locast was free and operated as a non-profit. The company did solicit donations mid-stream, and that appears to be what caused the problem. ABC, CBS, Fox and NBC sued, alleging the donation solicitation still broke the law. Unfortunately, the court sided with the broadcasters.

    Although Locast originally planned on continuing to offer the service without the donation solicitations, it appears to have altered plans and has suspended service, effective immediately. The company notified customers in an email:

    As a non-profit, Locast was designed from the very beginning to operate in accordance with the strict letter of the law, but in response to the court’s recent rulings, with which we respectfully disagree, we are hereby suspending operations, effective immediately. 

    The court ruling and Locast’s decision is a major blow to cordcutters and is an unfortunate win for an industry that has a long reputation of ruthlessly squashing anything that challenges the status quo — including things that benefit its customers.

  • Reddit’s WallStreetBets Schools Wall Street

    Reddit’s WallStreetBets Schools Wall Street

    Wall Street may be the “experts” in the stock market, but analysts are increasingly looking to Reddit’s WallStreetBets for info.

    Reddit’s WallStreetBets upended the stock market when individual traders rallied around stocks that mainstream Wall Street institutions were shorting. GameStop, Blackberry, AMC and Bed and Bath and Beyond saw massive gains after they were shorted, ultimately costingWall Street tens of billions.

    It appears Wall Street has taken notice, and is now looking to WallStreetBets, and other social media platforms, for tips and info, according to The Wall Street Journal. Firms like Goldman Sachs and Morgan Stanley have employees on Reddit, Discord and Twitter, looking for the next big trading phenomenon.

    “It’s more art than science because it’s uncharted territory,” Simeon Siegel, a BMO Capital Markets analyst, told WSJ.

    It’s an amazing turn of events and proves just how much platforms like Robinhood, along with social media, have democratized investing.